Bitcoin 2020 Halfway Point: Pinch & Punch Make It Your Month
Here we go, After todays open we’re at the mid point of 2020, Q2 closes opening Q3 territory to play ball. Todays focus to look at future price movement over the next 6 months. and focus on form, quick write up today before the open;
As seen denoted on the chart $10,000.00 whole number currently above p action, has been tested at the start of this year as well as touched numerous times in the last 3 months (mark them and watch). Please consider the ATH Halfway price point also, below weak, if P action ticks above then this shows strength. Bitcoin needs to pop above this and then (see below CURRENT PRICE ZONE) the P action is potentially going to slip into ‘prime time’ and that’s where move volume and order flow will come into play.
At present if you look at yesterdays write up we need to break that zone of price movement instead of the dribble.
Batter Up… Happy Trading :)
Bitcoin to Date
Daily
Current Price: $9140.8 USD
Daily Change %: -0.58%
Market Cap: $168,628,233,750.00 USD
24 Hour Volume: $15,825,864,286 USD
Population of the World: ~7,794,954,400+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362970846885 Satoshi’s / $21.60 USD per person
Overall
Approximate Bitcoin in Circulation: 18,419,250 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,580,750 BTC
Road to 21,000,000 Bitcoin Mined: 87.71%
Current Bitcoin Dominance: 66.20%
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4
Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2
Price Level Consideration
Approximate Days Until Halving: 1409 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1
🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1
Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9128.6
Current Price Zone: ACCUMULATION ZONE
Largest Cryptocurrency Transaction Today:
🚨 🚨134,932 ETH ($30,540,544 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨
Gold***: $1,773.30 USD +1.19 +0.07%
Silver***: $17.87 USD +0.02 +0.12%
——————————————————————————————————
*📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames.
**What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire.
*** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.
Created & published by Des Landen
Landen International
Trading Playlist: Tron Legacy Soundtrack
As seen denoted on the chart $10,000.00 whole number currently above p action, has been tested at the start of this year as well as touched numerous times in the last 3 months (mark them and watch). Please consider the ATH Halfway price point also, below weak, if P action ticks above then this shows strength. Bitcoin needs to pop above this and then (see below CURRENT PRICE ZONE) the P action is potentially going to slip into ‘prime time’ and that’s where move volume and order flow will come into play.
At present if you look at yesterdays write up we need to break that zone of price movement instead of the dribble.
Batter Up… Happy Trading :)
Bitcoin to Date
Daily
Current Price: $9140.8 USD
Daily Change %: -0.58%
Market Cap: $168,628,233,750.00 USD
24 Hour Volume: $15,825,864,286 USD
Population of the World: ~7,794,954,400+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362970846885 Satoshi’s / $21.60 USD per person
Overall
Approximate Bitcoin in Circulation: 18,419,250 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,580,750 BTC
Road to 21,000,000 Bitcoin Mined: 87.71%
Current Bitcoin Dominance: 66.20%
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4
Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2
Price Level Consideration
Approximate Days Until Halving: 1409 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1
🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1
Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9128.6
Current Price Zone: ACCUMULATION ZONE
Largest Cryptocurrency Transaction Today:
🚨 🚨134,932 ETH ($30,540,544 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨
Gold***: $1,773.30 USD +1.19 +0.07%
Silver***: $17.87 USD +0.02 +0.12%
——————————————————————————————————
*📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames.
**What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire.
*** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.
Created & published by Des Landen
Landen International
Trading Playlist: Tron Legacy Soundtrack
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.